earnings
confidence high
sentiment positive
materiality 0.75
RMR Q1 fiscal 2022 revenue $46M, adjusted EPS $0.46 (up 12%), AUM $33.4B
RMR GROUP INC.
2022-Q1 EPS reported
$0.49
revenue$181,568,000
- Revenue $46.0M (+11% YoY); adjusted EPS $0.46 (+12% YoY).
- Adjusted EBITDA $23.3M (+9% YoY); operating margin 43.7%.
- Total AUM $33.4B (up from $32.1B); private capital AUM $3.2B (up from $1.3B).
- Cash $181.9M, no debt; no incentive fees earned from Managed Equity REITs for 2021 or 2020.
- Pending $4.0B Monmouth industrial transaction expected to be partly funded with institutional private capital.